Varsity Lincoln, Inc.benefits

Varsity Lincoln, Inc.'s benefits plans covered 132 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $904,966. Insurance brokers and agents were paid $49,073 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $372 per covered person, above the median for employer plans that report broker pay. Broker pay fell 24% from $64,410 in 2023.